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FHFA Sets 2023 Multifamily Loan Purchase Caps

The cap is set at $75 billion each for Fannie Mae & Freddie Mac.

Regulation and Compliance
NAR: If Rates Stay at 7%, Home Prices Won’t Fall

Chief Economist Lawrence Yun says prices could rise slightly in 2023.

Analysis and Data
FundMore, VeriFast Team To Expand Digital Verification

Announced a partnership that seeks to secure and verify digital mortgage transactions.

Tech
Industry News
Black Knight: Rate Lock Volumes Fell 14% In October

Rate lock volume is now down are now down 30% over the past three months and 61% YOY.

Analysis and Data
Financing According To Faith

Riba (interest) is forbidden in the Islamic faith, so many Muslim Americans miss out on homebuying.

Nov 13, 2022
NMP's Gated Communities
Movement Mortgage Acquires Mortgage Network

Deal is expected to add $2 billion in annual mortgage loan volume to Mortgage's origination platform.

Operations
Nov 11, 2022
The Interest
CMG Home Loans Announces Mid-Atlantic Expansion

Bill Landon will serve as president of new coverage area.

Direct
Retired Navy Officer Talks About Helping Vets Get Loans

What you need to know about working with veterans.

Nov 11, 2022
NMP's The Principal
Mortgage Rates Drop After Good Inflation Report

Rates posted their largest single-day decline since 2009.

Analysis and Data